Mortgage and Financial News From 2007-9-29 Page 12
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Buying tips
Newsday - Buying tip: Don't wait for good timing "Now is a great time to buy a house. Don't sit on the fence waiting for the market to shift. Take advantage of the current large inventory of homes and low mortgage rates to maximize your purchase now."
2007-09-25 04:15:00 -
Oil prices fluctuate
Denver Post - That's because the dollar has been sliding against other currencies since the Federal Reserve cut interest rates last week ... So, while the current fund buying is boosting oil prices, the selling that will inevitably follow will depress prices—at ...
2007-09-28 11:40:00 -
Mortgage rate jump -- what to do
Boston Globe - The first line of defense is understanding the terms of your adjustable rate mortgage. Take the time to figure out both when rates will ... If the lender won't help you and you are current on your mortgage payments, you can look for refinancing ...
2007-09-29 01:37:00 -
Taiwan Central Bank May Raise Rates, Perng Indicates (Update3)
Bloomberg - Consumer prices will increase 2.2 percent from a year earlier in the current quarter, and advance 2.5 ... Economists are divided on whether the central bank will raise rates again, as the U.S. subprime-mortgage rout threatens to damp growth in ...
2007-09-29 02:13:00 -
Time to consider refinancing? (Seattle Times)
You may want to consider refinancing because current rates are lower than what you're paying.
2007-09-29 12:33:13 -
S&P/ASX 200 Index Advances to Record High, Led by Banks, Energy ...
Bloomberg - Rams Home Loans Group Ltd. (RHG AU), the Australian lender that last month failed to refinance $5.3 million of short-term debt, fell 2 cents, or 2 percent, to 96 cents. Rams was cut to ``neutral'' from ``buy'' by Merrill Lynch & Co. analysts ...
2007-09-26 09:36:00 -
Couple sues tax preparer over fraud
Palm Beach Interactive - In it, an attorney for the Atkinsons claims that when the couple tried to refinance their home in October 2003, they discovered Klingelsmith had neither filed tax returns for them nor resolved their disputes with the IRS. Stuart attorney J. Corey ...
2007-09-28 08:58:00 -
Texas housing market likely to outdo U.S. as a whole, economist says
Dallas Morning News - ... continues at some pace, most of those should be able to refinance into something more manageable," Mr. Seiders said. "That's not the case in a lot of markets." Nationwide, homebuilding is in a sharp decline. In August, home starts ...
2007-09-28 11:21:00 -
Home loans: refinance to save money
IBN LIve - New Delhi: Interest rates are on the downswing, HDFC the housing major recently cut interest rates. So this could be a good time to take a re-look at your home loan. That’s where 'refinancing your loan' could be a good option. Refinancing will save ...
2007-09-28 08:41:00 -
High Performance
Barron's Online - Because a couple of his firm's funds got blindsided in August's subprime-mortgage ... with two hedge-fund research firms, BarclayHedge ( www.barclayhedge.com ) and Credit ... multi-strategy fund, but it ended up with a $6 billion energy bet that went bad ...
2007-09-29 02:34:00 -
S.D. economic forecast looks 'pretty bad'
San Diego Union-Tribune - Things are pretty bad,” Gin said. “Not only are all the components down, but ... slump in home buying and building, higher gas prices and grocery prices, and credit ... most publicly traded companies here have little direct connection to the mortgage ...
2007-09-28 12:41:00 -
3rd quarter: Whew, it's finally over
CNN Money - The crisis in financial markets this summer - sparked by the combination of a meltdown in the housing, mortgage and the credit markets ... benefited - particularly in the last month - from expectations that their third-quarter earnings won't be too bad ...
2007-09-28 03:50:00 -
MORTGAGE MELTDOWN: New law tightens lending Some say end is at hand ...
Las Vegas Review Journal - The sources also indicated Credit Suisse has stopped buying any home mortgage loans from Nevada. A Wells Fargo official said the bank has ... They're just bad investments," Conklin said. Complaints about the new law "have been completely blown ...
2007-09-29 01:52:00 -
Britons Face Home-loan payment Shock - Report
Saudi Gazette - The effects will be especially felt by holders of non-conforming loans and those with limited or bad credit histories, who comprise about five percent of all outstanding mortgage loans, the report said. They could face an increase in payments of ...
2007-09-28 10:38:00 -
Don’t fall foul of the credit crackdown
Times Online - ... bad debts, means that lenders are looking deeper into borrowers’ credit histories and tightening their eligibility criteria. Experts say that the crackdown will make it harder for borrowers to obtain credit. Figures from The Mortgage ... mortgage, but her credit ...
2007-09-28 03:43:00